About Govaere
Govaere is a private limited company (BVBA/SPRL, legacy) based in Brugge, founded in 2018. Its main activity is classified as "Groothandel in behang, verf en woningtextiel". For the 2025 financial year, Govaere reported a profit of €532,781. That makes 8 profitable financial years in a row for Govaere. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €1.8 million, up 26% on 2024. It employed an average of 10 full-time equivalents. Equity stands at €1.5 million, a solvency ratio of 48%. In 2018 it was €121,172. 8 annual accounts are available, covering 2018 to 2025.
- Sectors
- Wholesalers
- Signals
-
ProfitableProfitable € 533K
The company reported a positive net result in the latest financial year.
Strong equityStrong equity € 1.51MStrong equity provides a buffer against setbacks.
Low riskLow risk 47.9%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 1.85A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Positive cashflowPositive cashflow € 626KPositive operating cash flow in the latest financial year.
Positive EBITDAPositive EBITDA € 819KPositive EBITDA: operating activities are profitable.
Healthy social debtHealthy social debt 12.3%Social debts stay manageable relative to personnel costs.
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
1.75M
|
€
1.39M
|
€
1.28M
|
€
1.29M
|
|
|
€
819K
|
€
512K
|
€
490K
|
€
555K
|
|
|
€
533K
|
€
316K
|
€
309K
|
€
353K
|
|
|
€
1.51M
|
€
1.38M
|
€
1.06M
|
€
852K
|
|
|
47.94%
|
52.60%
|
42.70%
|
36.49%
|
|
|
€
1.63M
|
€
1.24M
|
€
1.42M
|
€
1.48M
|
|
|
€
440K
|
€
409K
|
€
237K
|
€
451K
|
|
|
10
|
8.90
|
8.90
|
8.60
|
Publications 2
All publications- Ontslagen - Benoemingen 11/05/2022
- Rubriek Oprichting (Nieuwe Rechtspersoon, Opening Bijkantoor, Enz...) 09/07/2018
Frequently asked questions
Answers to the most common questions about Govaere, based on official government data and the filed annual accounts.
What is the VAT number of Govaere?
The VAT number of Govaere is BE0699.676.341.
How many employees work at Govaere?
In 2025, Govaere employed 10.00 full-time equivalents (FTE).
When was Govaere established?
Govaere was founded in 05-07-2018.
What is the official address of Govaere?
The official address of Govaere is Peraltastraat 41 Brugge 8000.
What is the legal form of Govaere?
The juridical form of Govaere is Private limited company (BVBA/SPRL, legacy).
What is the annual revenue of Govaere?
The 2025 accounts of Govaere do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Govaere a reliable company?
Govaere is a registered Rechtspersoon with company number 0699.676.341 and can be verified through the official CBE database.
What is the credit limit of Govaere?
The estimated credit limit of Govaere is €951,527.
Is Govaere still active?
Govaere currently has the status "Normal situation" and is active.